Nomad, Europe’s leading prepaid and debit processing solutions provider,
is participating in this year’s Building Society Annual (BSA) Conference
at the Bournemouth International Center, UK. Nomad has already worked
closely with a number of UK building societies including the Newcastle
Building Society (stand 19), to develop solutions specifically for this
market. Following recent developments with clients in the mutual sector
Nomad is primed to offer any Building Society innovative debit and
prepaid card products on a turnkey basis for its customers
The company’s products, include a travel card to replace travelers
checks, corporate gift cards, payroll cards and of course reloadable,
chipped funds access cards, which can be a standard design or branded to
the individual society, even allowing cards to be operated on passbook
accounts . The solution also provides a branded website, allowing
customers to access balances and view transaction histories, and many
other functions. Examples of the cards will be on display on the stand,
where Nomad’s experts will also be on-hand to discuss specific
requirements.
Already recognized as a key supplier to the card payments industry,
Nomad’s outsourced solution delivers straight-forward processing
software which integrates easily and successfully with existing IT
infrastructures to enable organizations to offer a card alternative or
complement to traditional passbook savings accounts. This opens up new
opportunities for the players in the sector to develop their portfolio
and differentiate their services to attract and retain a broader than
ever customer base.
About Nomad
Nomad has a well-deserved reputation for delivering innovation in card
payments to its clients. Nomad continues this trend by leading the way
with a fit-for-purpose prepaid capability for issuers, which meets the
requirements of international scheme open-loop prepaid cards, featuring
cardholder web service capability.
The service manages all of the complexities surrounding card processing
on behalf of members, including card and PIN production, customer
service facilities, fulfillment and transaction authorization. Members
are free to focus on their core business, confident in offering a
flexible range of competitive products to their customers cost-effectively.
Building on its expertise in debit card processing Nomad has extended
its specialized knowledge base and has harnessed its innovative Nomad
CORTEX software to deliver a service which genuinely and
cost-effectively caters for pre-paid cards and all of their specific
complexities.